Arizona AG cautions against scams in rental properties
A rental sign is posted in front of an apartment complex July 14, 2020, in Phoenix. Arizona Attorney General Kris Mayes is asking the public to be aware of potential rental scams. (Associated Press/Ross D. Franklin)
Ross D. Franklin
The Arizona Attorney General’s Office is warning consumers to be alert for potential property rental scams as the housing market continues to push people to rent.
“Housing is a basic human need and, unfortunately, some fraudsters prey upon that need to take advantage of hardworking Arizonans simply trying to find a place to live,” says Attorney General Mayes. “I urge you to be cautious about who you provide your financial and other personally identifying information to when looking for a home.”
The Attorney General’s Office offers several tips on how to be vigilant when renting.
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Arizona AG cautions against scams in rental properties
Ross D. Franklin
A rental sign is posted in front of an apartment complex July 14, 2020, in Phoenix. Arizona Attorney General Kris Mayes is asking the public to be aware of potential rental scams. (Associated Press/Ross D. Franklin)
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The Arizona Attorney General’s Office is warning consumers to be alert for potential property rental scams as the housing market continues to push people to rent.
“Housing is a basic human need and, unfortunately, some fraudsters prey upon that need to take advantage of hardworking Arizonans simply trying to find a place to live,” says Attorney General Mayes. “I urge you to be cautious about who you provide your financial and other personally identifying information to when looking for a home.”
The Attorney General’s Office offers several tips on how to be vigilant when renting.
• Be skeptical of rental prices “well below” market price.
• Look up the property address on a search engine to verify that the property is not “for sale” elsewhere.
• Physically visit the property to verify that it exists.
• Avoid companies or individuals listing rental properties who are not reachable by phone during normal business hours; who tell you that they are out of state or out of the country; or who request communication via text only.
• Avoid companies or individuals requesting payments be sent overseas or by wired funds, gift cards or through peer-to-peer payment apps.
• Be skeptical of companies or individuals charging up-front fees in addition to the normal application and credit check fees.
• Be wary of companies or individuals requesting personal information such as Social Security number and bank account information up front.
Along with tips before renting, the office offers tips for once a person has viewed a potential rental.
• Walk through the property and make sure it fits the description of what is being advertised and it matches the lease or rental agreement description.
• Ensure all fees and costs are included in your lease or rental agreement.
• Make sure to understand the lease or rental agreement terms.
• Don’t sign a lease or rental agreement that has blank spaces.
• Don’t pay the security deposit until you have a signed lease.
• Make sure you get a copy of the signed lease or rental agreement.
Anyone who believes they are a victim of consumer fraud can file a consumer complaint by visiting the Attorney General’s website. To have a complaint form sent, contact the Attorney General’s Office in Phoenix at 602-542-5763, in Tucson at 520-628-6648, or outside the Phoenix and Tucson metro areas at 800-352-8431.
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